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Perseus Mining (ASX:PRU) Cyclically Adjusted PS Ratio : 3.94 (As of May. 28, 2024)


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What is Perseus Mining Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Perseus Mining's current share price is A$2.48. Perseus Mining's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was A$0.63. Perseus Mining's Cyclically Adjusted PS Ratio for today is 3.94.

The historical rank and industry rank for Perseus Mining's Cyclically Adjusted PS Ratio or its related term are showing as below:

ASX:PRU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.88   Max: 4.29
Current: 3.85

During the past 13 years, Perseus Mining's highest Cyclically Adjusted PS Ratio was 4.29. The lowest was 0.50. And the median was 1.88.

ASX:PRU's Cyclically Adjusted PS Ratio is ranked worse than
79.42% of 583 companies
in the Metals & Mining industry
Industry Median: 1.31 vs ASX:PRU: 3.85

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Perseus Mining's adjusted revenue per share data of for the fiscal year that ended in Jun23 was A$1.020. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is A$0.63 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Perseus Mining Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Perseus Mining's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Perseus Mining Cyclically Adjusted PS Ratio Chart

Perseus Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 2.74 2.92 2.75 2.60

Perseus Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.75 - 2.60 -

Competitive Comparison of Perseus Mining's Cyclically Adjusted PS Ratio

For the Gold subindustry, Perseus Mining's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Perseus Mining's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Perseus Mining's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Perseus Mining's Cyclically Adjusted PS Ratio falls into.



Perseus Mining Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Perseus Mining's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.48/0.63
=3.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Perseus Mining's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Perseus Mining's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=1.02/124.1700*124.1700
=1.020

Current CPI (Jun23) = 124.1700.

Perseus Mining Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.545 98.352 0.688
201506 0.614 99.838 0.764
201606 0.410 100.859 0.505
201706 0.279 102.809 0.337
201806 0.358 104.945 0.424
201906 0.433 106.617 0.504
202006 0.492 106.246 0.575
202106 0.539 110.332 0.607
202206 0.869 117.112 0.921
202306 1.020 124.170 1.020

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Perseus Mining  (ASX:PRU) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Perseus Mining Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Perseus Mining's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Perseus Mining (ASX:PRU) Business Description

Traded in Other Exchanges
Address
437 Roberts Road, Level 2, Subiaco, Perth, WA, AUS, 6008
Perseus Mining in an Australian-based gold miner. It sold around 540,000 ounces of gold in fiscal 2023 from its three majority-owned mines in West Africa. Founded in 2004, Perseus purchased all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 70%-owned Meyas Sand gold project in Sudan in 2022. Excluding Meyas Sand, where development is on hold due to armed conflict in Sudan, the company had about five years of reserves at the end of fiscal 2023.